International Accounting and Multinational Enterprises or Globalizing Women

International Accounting and Multinational Enterprises

Author: Lee H Radebaugh

Make informed decisions in today's dynamic international business environments International accounting has never been so exciting. Not only is the pace of international business, finance, and investment rapidly increasing, but we are also moving closer than ever before toward a convergence of accounting standards worldwide.

Updated and revised to keep pace with these changes, this Sixth Edition of Radebaugh, Gray, and Black's International Accounting and Multinational Enterprises focuses on international business strategies and how accounting applies to these strategies. You'll learn how to use financial and accounting information across borders, and make more informed decisions in an increasingly complex international business environment. The authors also explain the key factors, including cultural differences, that influence accounting standards and practices in different countries, and how those factors impact the harmonization of standards worldwide.

New to This Edition:
* New coauthor, Ervin L. Black of Brigham Young University.
* Updated coverage on corporate governance, Sarbanes-Oxley, the Public Company Accounting Oversight Board (PCAOB), and how these forces affect U.S.-based multinationals, as well as companies in other countries.
* Increased coverage of the efforts of the International Accounting Standards Board (IASB) to establish a uniform set of International Financial Reporting Standards (IRFS) worldwide and its interface with different national standard setters, especially the FASB. Special attention is given to the experience of the European Union and Australia in adopting IFRS in 2005.
* A web-based International Accounting PracticeProblem, which helps students see how to apply IFRS to a set of transactions.
* Brief, user-oriented examples called Strategic Decision Points at the beginning of each chapter.
* Expanded end-of-chapter material, including more discussion questions and exercises.
* New cases (two per chapter) on the web.
* Accounting for foreign exchange is now covered in two chapters. One chapter focuses on accounting issues, and the other chapter, which is new, focuses on foreign exchange risk management.

Booknews

Encompassing recent developments such as the North American Free Trade Agreement (NAFTA) and the new World Trade Organization, Radebaugh (Brigham Young U.) and Gray (U. of Warwick) aim to prepare students for studying and participating in the global economy. To this end, they provide expanded coverage of the nature of foreign exchange markets, exchange rates, and have added China and Brazil to their comparative analyses of accounting systems. Chapters on 20th and 21st century international dimensions of accounting, financial analysis, reporting, management control, auditing, and taxation include objectives, a summary, discussion points, and actual (usually) multinational enterprises (MNE) case studies. Annotation c. by Book News, Inc., Portland, Or.

Table of Contents:

Ch. 1	International Dimensions of Accounting and Control	1
Ch. 2	International Business and Multinational Strategy	19
Ch. 3	Accounting Systems in the Global Environment	46
Ch. 4	International Patterns of Accounting Development	66
Ch. 5	Comparative International Accounting Systems and Practices	87
Ch. 6	Pressures for International Accounting Harmonization and Disclosure	167
Ch. 7	Multinational Management Perspectives on Information Disclosure and Regulation	203
Ch. 8	International Business Combinations and Consolidations	250
Ch. 9	International Accounting for Goodwill and Intangibles	268
Ch. 10	International Segmental Reporting	300
Ch. 11	Accounting for Price Changes and Inflation Internationally	330
Ch. 12	Accounting for Foreign Currency Transactions and Foreign Currency Derivatives	364
Ch. 13	Translation of Foreign Currency Financial Statements	406
Ch. 14	Comparative International Analysis of Financial Statements	452
Ch. 15	International Disclosure Trends and Financial Analysis	484
Ch. 16	Management Control of Global Operations	518
Ch. 17	International Performance Evaluation and Budgeting	549
Ch. 18	International Product Costing and Transfer Pricing	579
Ch. 19	International Taxation	608
Ch. 20	External Auditing of Foreign Operations	636
Ch. 21	Global Accounting Issues for the Twenty-first Century	667
	Name and Company Index	681
	Subject Index	685

Book about: Threads or The Principles of Political Economy and Taxation

Globalizing Women: Transnational Feminist Networks

Author: Valentine M Moghadam

Globalization may offer modern feminism its greatest opportunity and greatest challenge. Allowing communication and information exchange while also exacerbating economic and social inequalities, globalization has fostered the growth of transnational feminist networks (TFNs). These groups have used the Internet to build coalitions, lobby governments, and advance the goals of feminism.

Globalizing Women explains how the negative and positive aspects of globalization have helped to create transnational networks of activists and organizations with common agendas. Sociologist Valentine M. Moghadam discusses six such feminist networks to analyze the organization, objectives, programs, and outcomes of these groups in their effort to improve conditions for women throughout the world. Moghadam also examines how "globalizing women" are responding to and resisting growing inequalities, the exploitation of female labor, and patriarchal fundamentalisms. This book is an important addition to literature exploring feminism as well as to the broader discussion of the impact of transnational social movements and organizations in the globalized world.